What type of license allows certain entities to sell manufactured homes without financial backing?

The limited dealer's license is specifically designed to enable certain entities to sell manufactured homes without the need for financial backing. This type of license is ideal for retailers or entities that may not have the financial resources or capital typically required to operate on a larger scale, thus allowing them to engage in the sale of manufactured homes in a more limited capacity.

Entities that hold a limited dealer's license are able to sell manufactured homes directly to consumers, but their activities are constrained, often in terms of the volume of sales and the range of products they can offer. This helps maintain regulatory oversight while still allowing smaller dealers or those with special circumstances to participate in the manufactured housing market.

Other types of licenses, such as the general dealer’s license or manufacturer’s license, generally encompass broader permissions and may require more robust financial backing or capabilities, which do not align with the restrictions or needs met by a limited dealer’s license.